$900,000
16001 Dixie Highway, Holly, MI 48442
- 9 baths |
- 2,835 sqft
Multi-Family Home 
Built in 1950 
2.2acre lot
—— car garage 
$317/sqft 
Listed 2 months ago
Property Description
This cash flowing multifamily property is located in Holly, Michigan. The property consists of nine efficiency units on approximately 2.20 acres across two parcels with excess land and commercial zoning (buyer to verify). Units are in constant demand due to limited available housing supply in the submarket. In 2025, 7 of the 9 units were renovated. Average rents are approximately $1,085 per unit per month. The asking price reflects both the excess land value and a 7.97% cap rate on in-place financials. Owner pays water, gas, and trash; electric separately metered. Do not disturb tenants. Contact listing broker for financials.
- Listing Status:
- Pending
- Date Added:
- February 19, 2026
- Data Last Updated:
- May 20, 2026 at 9:45PM
- Listing Office:
- OakPointe Real Estate Advisors : 248-972-7040
- Listing Agent:
- Michael McClafferty : 248-972-7040
- MLS ID:
- 60970821
- Appliances: Propane Hot Water
- Heating: Baseboard
- General: OneSlab
- Road/Access: Paved
- Originating MLS: MiRealSource
- School District: Holly Area School District
- County: Oakland
- Zoning: T5NR8ESEC 29 PART OF SE 1/4 BEG AT PT DIST S 990.03 FT & S 88-39-00 W 410.90 FT & S 65-48-00 W 1100.23 FT & N 13-25-25 W 202 FT FROM E 1/4 CORTH N 13-25-25 W 210 FTTH N 76-34-35 E 249.20 FTTH S 13-25-25 E 210 FTTH S 76-34-35 W 249.20 FT T O BEG 1.20 A 5-21-90 FR 019
- Water: Private Well
- Sewer: Septic Tank
- Source: MiRealSource
This listing courtesy of Michael McClafferty , OakPointe Real Estate Advisors
Monthly Payment
$Est. Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
